Corn Commentary

Senate Stops Energy Bill

The energy bill was on a roll after passing the House Thursday, but a failed vote to end debate in the Senate puts the bill back in limbo.

In urging Senators to block a vote on the bill, Sen. Pete Domenici of New Mexico, the ranking Republican on the Senate Energy and Natural Resources Committee, argued: “This is not a good bill, but it can be turned into a great bill.”

The White House threatened a veto over the bill which includes increased taxes for oil companies and requires utilities to generate more electricity from sources such as solar and wind energy.

Meanwhile, the Senate got back to work on the farm bill this morning after reaching a deal that will allow 20 amendments from each party.